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I need a banksplination
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Orfarmer
Posted 1/5/2019 20:24 (#7223156 - in reply to #7220296)
Subject: Another ???



Roanoke, IN
Thanks for the above replies.

Does your banker recognize long term investments such as lime, build rates of fertilizer, or tile on long term rented ground?

For instance, if you spend $100/ac on lime last year and expect a 3 year payback, do they count $33 as a current asset and $33 as intermediate or is the whole $100 up in smoke as crop expense like herbicide, N fertilizer, etc?
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